Friday, August 25, 2017

Amazon eyes price cuts at Whole Foods

E-commerce giant will close its $13.7 billion purchase of Whole Foods Market on Monday and immediately lower some of the natural and organic supermarket chain’s prices as it keeps expanding into brick-and-mortar retail and looks to upend the grocery business.

Whole Foods will also soon offer special discounts to Amazon Prime members, and its private-label products will be sold across Amazon platforms.. . . more

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